$1,745,000
Whitewater Commercial Real Estate is pleased to present a modern 12-unit permit-ready (RTI) multifamily development opportunity with an existing fully renovated duplex located in the heart of Normal Heights, just steps from the Adams Avenue corridor. Situated on a 6,250 SF lot, the property currently features a renovated duplex, single-family home, and detached shed. Utilizing the City of San Diego's ADU Bonus Program, the approved plans call for demolition of the single-family home and shed and construction of a new 12-unit multifamily building behind the existing duplex. Plans will be delivered fully approved and ready to issue upon payment of final permit fees. SALES HIGHLIGHTS (1) PERMIT-READY (RTI) 12-UNIT MULTIFAMILY DEVELOPMENT + FULLY RENOVATED DUPLEX (2) APPROVED PLANS UTILIZING THE ADU BONUS PROGRAM (3) ALL 1BD/1BA UNITS — EFFICIENT LAYOUT AND STRONG RENTAL DEMAND (4) GRANDFATHERED UNDER PRIOR ZONING PRIME CENTRAL SAN DIEGO LOCATION
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Listed by Carson Trujillo with Whitewater CRE Inc (925) 766-1062
Property Type
Land
Status
Active
MLS Number
2600554SD
Year Built
N/A